Skip to main content

About your Search

20121202
20121210
Search Results 0 to 6 of about 7 (some duplicates have been removed)
the fiscal cliff. right after the election wall street dropped 5% when everybody suddenly focused on the fiscal cliff and realized that this was a problem. but since then it's kind of bumped along at this sort of level. i don't think wall street is at all sanguine about the idea that if we went over the fiscal cliff, life would go on as we know it and everything would be fine. >> one of the things that was really interesting to me to bear out that point is ken conrad yesterday who's been so down, i mean, he's leaving the senate. he's done this for seven years. they can't produce deals. and yesterday when i interviewed him, joe, he said i think we're going to make this. i think the boehner offer had significant indicators that something here is going on, and they're going to come together. >> also, kent conrad, a guy -- i've loved him for a long time, deficit hawk. they haven't allowed him to put a budget out for years. he's growing frustrated. i'm sure he's going to be glad to leave. but i was surprised by that as well. you see also, sam stein, republicans are now starting to real
of the election. issues like entitlement reform and new revenue, but he's going to have to do something big. there's been a four-year course of he doesn't get along with either party, doesn't make the kind of effort you're talking about. i don't think there's any doubt he's going to, particularly john boehner, find some human interconnection moment that says we're doing this. and that's when the tough part starts. because once there's a leader deal, getting it through the house, whatever the terms of it is going to be super hard. >> i was with a group of businessmen last night, and their question was, why don't the people in washington do what we do when there's an important decision that comes up? why don't they get into a room and hammer it out, get some food, drinks, whether it's a couple days, get them helicopters, and go to camp david. you get in a room together -- >> the president -- the president doesn't like doing that. he's not comfortable doing that. and jon meacham, that is not the opinion of a pundit, that is a matter of historical record for his first four years. is it not? >> that's
this election. it's not like the debt ceiling debacle in 2011 went over well with the american public. the american public was disgusted by it, it was brinks manship that people did not like to see, in a recession, they thought it endangered the economy, republicans also know that if you look at the polls and they look at the polls, that the public would blame them if we go over the fiscal cliff by a 2 to 1 margin. so i would say that right now, and i think even republicans would stipulate this, wolf. the president has the leverage here, i mean, republicans also know that if they were to go over the cliff that the tax cuts on the wealthy would increase. you could come back and undue the tax cuts on the middle class expiring. but the president's in a pretty good bargaining position here, which is why you see him sort of hold firm. >> what leverage do the republicans have? >> well, look, i think it -- they understand that for some liberals going over the cliff is okay, because liberals say, you know what, we get those defense cuts we wouldn't get otherwise, and they believe the public w
a pretty dramatic shift since the election, and certainly i salute him for doing this, he actually is very engaged with the business community. and i'm not hearing the sort of things from top ceos and business leaders today that i heard the first four years. maybe -- maybe he's leaning in here and trying to rebuild a relationship with some of these people who supported him in '08. >> and i think it goes both ways. i think the business community views this deficit thing as the biggest problem that we can solve that we need to solve. there's something called a campaign to fix the debt, which i'm on the steering committee, 120 leading ceos from everything from general electric to jpmorgan on down. really committed to doing something and accepting the idea that revenues have to go up, not ideological about how, but most of all, wanting a big $4 trillion package. and so they have become, in effect, allies of the president. they're really trying to get to the same place. at some point there may be differences over how much entitlements, how much this or that, but right now their interests are al
health care was in the news and also, of course during the last stages of the election. >> this is the first time you've chosen words the year, right? two words paired. >> what we see is that socialism had larger number of look ups but what we saw when people looked up socialism they went and compared that definition with capitalism and i want shows really a pairing of a kind. >> what were the runner up? >> there were runner ups that came from the election also. the word malarky. one of the biggest spikes when vice president biden used that. schadenfreude, the german word for damage and joy, taking pleasure in somebody else's sadness. and the word meme because of all the internet meme that came out of the deaf bait, hillary clinton's texting earlier in the year. >> think it's so interesting that socialism and capitalism came up as the words the year because the president was branded as a socialist so people were looking to the actual definition. clearly you saw a huge uptick in online searches. >> what's great about having the dictionary online the data floss two ways.
Search Results 0 to 6 of about 7 (some duplicates have been removed)

Terms of Use (31 Dec 2014)